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of <h1>Mandatory pre-suit mediation for non-urgent commercial suits u/s 12A, with 120+60 day timeline and limitation pause</h1> Chapter IIIA of the Commercial Courts Act, 2015 is substituted to mandate pre-litigation mediation as a condition precedent to instituting a commercial suit that does not contemplate urgent interim relief, with the manner and procedure to be prescribed by rules. The Central Government may authorise the Legal Services Authorities Act authority or a mediation service provider under the Mediation Act, 2023 to conduct such mediation, which must be completed within 120 days (extendable by 60 days with party consent), and the time spent in pre-litigation mediation is excluded for limitation purposes under the Limitation Act, 1963. Settlements must be reduced to writing and signed by the parties and mediator, and are to be dealt with under sections 27 and 28 of the Mediation Act, 2023; section 21A is amended accordingly to align rule-making with revised section 12A.
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